What insurance should I buy for my parents, and what insurance should I buy for my parents

Social security is the most basic insurance, in addition to social security, you can also configure millions of medical insurance, accident insurance and cancer insurance.

1.Million Medical Insurance

The older you get, the higher the chance of serious illness. When the parents' physical condition still allows, it is also necessary to configure a medical insurance.

According to the insurance company's claim report data, the average cost of critical illness is generally more than 100,000 yuan, and the cost of cancer is usually 30-500,000 yuan or even higher.

And the million-dollar medical insurance can reimburse such high medical expenses.

However, it should be noted that the health notice of medical insurance is relatively strict, and many products have restrictions on the age of application.

2.Accident insurance

Accidents are difficult for everyone to avoid, especially for elderly parents, and the probability is second only to the risk of disease.

Consumer-based accident insurance is cost-effective, with disability liability that cannot be covered by other types of insurance, and is very worthwhile for parents who are prone to accidents.

3.Cancer insurance

The incidence of cancer accounts for about 70% of major diseases, which does not meet the insurance requirements of million medical insurance and critical illness insurance, and can be replaced by cancer insurance that covers a single disease.

If your parents are over 55 years old, you can consider medical insurance, because medical insurance does not have any restrictions on diseases, as long as you are hospitalized, the insurance company can reimburse the hospitalization expenses on a proportional basis, and the amount of insurance can also be very high. In addition, you can also consider cancer medical insurance, which only covers hospitalization expenses caused by cancer, and the cost is lower than that of ordinary medical insurance.

Sixty-year-olds buy insurance, and it is recommended to configure a variety of insurance combinations, as follows:

1. Medical insurance.

Purchasing medical insurance is not too expensive, and if you have not configured critical illness insurance before, you can buy it together with cancer insurance.

2. Whole life insurance.

If you have a long-term asset inheritance plan, you can consider purchasing whole life insurance, which is generally not subject to inheritance tax.

3. Cancer insurance.

According to the data released by the Insurance Regulatory Commission, cancer (malignant tumors) account for 60% of all critical illnesses, and many cancer insurance policies are relatively low, and the underwriting is relatively relaxed.

4. Accident insurance.

For elderly parents, the probability of accidents is very high, and it can be said that it is a better choice to prepare in advance and consider buying an accident insurance.

The following can be selected according to the physical condition of the parents:

1. Parents are in good health: In such a situation, it is recommended to choose accident insurance, hospitalization medical insurance, and cancer prevention and critical illness insurance. Parents are relatively healthy, there are still more insurance products to choose from, and the elderly are most afraid of physical injury due to accidents, so accident insurance must be put in the first place.

Because parents are generally older, the cost of critical illness insurance is generally higher, so it is not recommended, but they need to purchase cancer critical illness insurance.

2. If the parents are not very healthy: in such a situation, it is recommended to choose accident insurance and cancer prevention critical illness insurance. Compared with the elderly who are in good health, they suffer from diseases, and the insurance company generally does not cover hospitalization medical insurance and critical illness insurance.

However, you can choose cancer critical illness insurance.

Parents have generally reached retirement age and have little financial responsibility for the family, so life insurance is not a matter of consideration in the first place. However, it is easy for parents to buy critical illness insurance at this age to have the premium inverted, so critical illness insurance is generally not considered. For parents' insurance, we generally consider these three:

Accident insurance, cancer insurance and medical insurance. If you can't buy medical insurance, you can consider cancer medical insurance.

Don't buy critical illness insurance because the premiums are high, the sum assured is low, and the leverage is low. If the parents are between the ages of 50 and 65, the Million Dollar Medical Insurance is preferred. If the parents are between the ages of 65 and 70, cancer medical insurance is preferred.

When parents are old, the insurance they need most is these three types: million medical insurance, cancer insurance, and accident insurance.

1.Million Medical Insurance 2Accident insuranceCancer insurance can also be used instead of million-dollar medical insurance.

Don't buy critical illness insurance because the premiums are high, the sum assured is low, and the leverage is low. If the parents are between the ages of 50 and 65, the Million Dollar Medical Insurance is preferred. If the parents are between the ages of 65 and 70, cancer medical insurance is preferred.

In general, parents will be recommended for accident insurance, cancer medical insurance and cancer insurance.

Due to the limitations of age and health problems, parents have fewer types of insurance to choose to buy. However, the older the parents are, the greater the probability of getting sick, and they should be added to insurance!

1. Cancer prevention medical insurance.

Parents are old, it is a group of high-incidence diseases, such as the common three highs, stroke and other diseases will have a higher incidence at this age, and the cost is not a lot, which will greatly increase the economic pressure for ordinary families.

If you buy medical insurance, you don't have to worry about not reading ** anymore. Million medical insurance covers a wide range of responsibilities and large reimbursements, including outpatient, hospitalization, surgery, etc., and most of the expenses exceeding 10,000 yuan can be 100% reimbursed. You only need to pay a few hundred yuan a year, but the sum insured is millions.

If the elderly are in poor health and cannot apply for million-dollar medical insurance through health notification, they can turn to cancer prevention medical insurance with less strict health notice.

Cancer medical insurance is the same as million medical insurance, which is reimbursed for how much money is spent on medical treatment, and the high leverage ratio is a highlight of this insurance, which is specifically used to cover hospitalization** or special outpatient medical expenses caused by cancer. If you want to know more about what cancer medical insurance is, click the link below to learn"What you need to know about cancer medical insurance!

2. Benefit-based cancer insurance.

The elderly basically can't buy a suitable critical illness insurance, because the health notification requirements of critical illness insurance are relatively strict, and the physical fitness of parents declines with age, which may be difficult to pass. Even if you buy critical illness insurance, there will be a phenomenon of inverted premiums. In this case, you can directly consider the benefit-type cancer insurance.

Cancer insurance can replace critical illness insurance, mainly for cancer, malignant tumors, carcinoma in situ, etc. are mostly within the protection liability, if the insured suffers from cancer within the scope of protection, the insurance company will pay a lump sum according to the terms of the contract. Compared with critical illness insurance, the age of the buyer group of cancer insurance can be relaxed to under 75 years old, and the health notice is very relaxed, even if there is a small problem like the three highs, you can still be insured.

Cancer insurance** is relatively affordable, only one or two thousand yuan** can get up to 100,000 yuan of insurance. For a more comprehensive analysis and interpretation of cancer insurance, you might as well take a look at a strategy written by Senior Sister before:What is Cancer Insurance?

What you need to know about cancer insurance! 》

3. Accident insurance.

Generally, when parents are old, it is common for them to have inconvenient movements, unexpected situations, small injuries and pains, and accident insurance can be used at this time. When configuring accident insurance, the elderly should give priority to the amount of insurance for accidental medical treatment, and the higher the insurance amount, the better the protection. The best accident insurance of 2021 is here:

"In 2021, the most worthwhile accident insurance is here".

[Written at the end].

I am [Xueba Says Insurance], focusing on objective, professional and neutral insurance evaluation;

I will give you the most professional advice with years of experience in configuring insurance for 10w+ families.

If there are elderly people at home, the most reassuring is the following insurance.

Accident insurance, medical insurance, pension insurance.

As people get older, their bones become brittle, and once a hail accident occurs, it is easy to cause injuries and even fractures.

If you are under the age of 65 and your health is okay, you may wish to buy a high medical insurance, and the large medical expenses will become a burden on the family.

In addition, when people are old and have weak earning ability, an extra monthly pension insurance is a reflection of the dignity of the elderly.

Parents should be given protection insurance to give them more comprehensive personal protection. For example, accident insurance, health insurance (critical illness insurance, medical insurance) and other insurance, can provide parents with corresponding personal protection, and at the same time allow parents to have the means to transfer economic risks, so that they will not be overwhelmed by high costs when the risk comes.

It is recommended that before applying for insurance for your parents, you should read through this article first: what is the insurance for the elderly, what insurance is good for your parents, you need to know Wei Xun shouted.

Now Kai is arguing with what kind of insurance is better for his parents than Chongli? What insurance should I buy for my parents? I am Deep Blue Insurance, focusing on insurance testing and evaluation! Pay attention to me to teach you to buy insurance and not to pick pits